At the moment, ESPN has the rights. But Apple has made a made a bid “worth at least $150 million a year to stream the races starting in 2026” and ESPN “isn’t going to try to match or beat that,” Business Insider reports.

Apple has submitted a bid worth at least $150 million a year to stream Formula 1 races starting in 2026, Business Insider reported on Friday.

According to the Financial Times, Apple is in talks to acquire the US rights to stream Formula 1. While Apple has been careful to offer its Major League Soccer and Major League Baseball products worldwide,